Chestnut Hill's 460 units trade hands in HoustonChestnut Hill's 460 units trade hands in Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=29472014-09-30T06:57:00Z2014-09-29T00:00:00Z

HOUSTON - Chestnut Hill, a 460-unit, Class B community located at 7500 Bellerive Dr., has been sold.

The 32-year-old property is 92 percent occupied with average rents at $0.90 per sf. The community features one- and two-bedroom floor plans ranging in size from 414 sf to 970 sf.

The garden-style community is situated on 10.28 acres. Property amenities include maid service, access gates, swimming pool, shuttle route, 24hr emergency maintenance and a fitness center.

SRG Apartments LLC, an entity of KMG Apts Inc., purchased the community from 7500 Bellerive LLC, an entity of RAF Properties LLC.

O'Connor and Associates
Houston-The Woodlands-Sugar Land
http://www.oconnordata.com/blog/post/2014/09/20/SRG-Apartments-LLC-an-entity-of-KMG-Apts-Inc-purchases-a-460-unit-Class-B-residential-community-in-Houston.aspxRead more at {Source}

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